After several failed attempts against other schools, a lawsuit
against Thomas Jefferson School of Law for providing misleading employment data
to prospective students is moving forward.
Want your new law school to get accredited by the American Bar Association? Be prepared to jump through some hoops.
Professor Herwig Schlunk of Vanderbilt University explores whether a law degree is a good investment today.
(SSRN link) [more inside]
Over the past couple of months, there have been a series of scandals that have rocked the legal education community. First, there were tandem lawsuits against Thomas M. Cooley School of Law
and New York Law School
for misrepresenting jobs data. Then, Villanova University
and the University
were found to be fudging their employment numbers
. A legal team is now preparing to sue 15
different law schools
because of misrepresentations made to students regarding job and salary data.
The job market is saturated and graduates are unable to get hired anywhere to get proper training. Law professors Richard Rhee and Bradley Borden have a solution: law schools should open their own law firms.
Despite the most prestigious law firms in the country laying off almost 6,000 attorneys and 9,000 staff
since the beginning of 2008, century-old law firms dissolving almost overnight
, and law school tuition rising everywhere
, law school applications are at an all time high
. Even the number of law schools
But with the century-old Cravath system
by big firms over the last decade, historical income distributions
have been disrupted.
For good or ill, things may be coming to a head
. [more inside]